NOT LISTED FOR SALE

Grand Bay 3080 Grand Bay Blvd Unit 522 Longboat Key, FL 34228

Estimated Value: $718,202 - $792,000

2 Beds
2 Baths
1,276 Sq Ft
$53/mo HOA Fee

Last Sold August 18, 2022

Last sale price $900,000 $705 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,870/month

30 Days on Market

Highlights

  • 99 Feet of Waterfront
  • White Water Ocean Views
  • Deeded access to the beach
  • Southside Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of August 2022

Grand Bay, turn-key furnished and move-in ready, or renovate and make it your own. Beautiful bay views from the large, wrap around terrace and an amenity rich community, will allow you to experience the perfect Florida lifestyle. A thoughtful split floor plan, Bimini model, with two en-suite bedrooms, offer privacy and comfort. The treetops and bay views are framed beautifully with walls of glass in the main living areas and both bedrooms. A covered garage parking and separate storage locker for convenience and security. Grand Bay amenities include private beach club, fitness center, heated pool and spa, Har-Tru tennis courts. Conveniently located near Publix, dining and shopping spots, St. Armands Circle with more dining and boutique shopping. Separately, Longboat Key Club offers golf and other dining options and Longboat Key Moorings allows you to rent or buy a slip for your boat/yacht. Pet friendly building and easy to show!

Last Agent to Sell the Property

Ann Martin

MICHAEL SAUNDERS & COMPANY License #0188503 Listed on: 06/24/2022

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joanna Benante

MICHAEL SAUNDERS & COMPANY License #3194005

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Portico
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking
  • Reserved Parking

Property Views

  • Woods

Home Design

  • Elevated Home
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, security, sewer, trash
  • Grand Bay Association
  • Mid-Rise Condominium
  • Grand Bay Community
  • Grand Bay 5 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Community Spa

Pet Policy

  • Pets up to 110 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,930

Year Built

Built in 1996

Lot Details

0

HOA Fees

$53 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1276
  • Lot Size Acres: 0.73
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1655
  • Lot Size Sq Ft: 31798
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540091?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540091?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.91001
  • Price per Sq Ft: 705.33
  • Close to Original List Price Ratio: 0.91001
  • Ratio: Current Price\Building Area Total: 543.81
  • View: Yes
  • Co List Office Mls Id: 281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Drapes, Window Treatments
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Wrap Around
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Full, Beach
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 99
  • Additional Water Information: Beach is a private beach club.
  • Water Frontage Feet Bay Harbor: 99
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Covered, Garage Door Opener, Portico, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 641
  • Association Fee Frequency: Annually
  • Association Name: Grand Bay
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Security System, Security System Owned, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 4986
  • Condo Fees Term: Quarterly
  • Association Email: 941-387-0718
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1662
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 20585
  • Monthly HOA Fee: 53.42
  • Total Monthly Fees: 1715.42

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 0004103008
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 110
  • Minimum Lease: 3 Months
  • Approval Process: Application and fee.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 3 months. Check with association for maximum times per year.

Tax Info

  • Tax Annual Amount: 5929.68
  • Tax Book Number: 31-24
  • Tax Lot: G11

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 15, 2022
Sold by
Jmk 522 Llc
Bought by
Gary J Sickles And Gwen E Snavely Revocable L
Seller's Agent
Ann Martin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$989,000
Sold Price
$900,000
Premium/Discount to List
-$89,000
-9%
Current Estimated Value
$760,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,199
Avg. Annual Appreciation
-5.13%

Purchase Details

Closed on
Oct 9, 2021
Sold by
Kelleher James M and Kelleher Ellen C
Bought by
Jmk 522 Llc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Polakoff Serge
Bought by
Schroeder James W and Schroeder Margaret K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2000
Sold by
1193078 Ontario Inc
Bought by
Polakoff Serge

Purchase Details

Closed on
Oct 31, 1996
Sold by
Meyer Uwe and Meyer Elsa
Bought by
1193078 Ontario Inc

Purchase Details

Closed on
Aug 29, 1996
Sold by
Arvida Grand Bay L T D Ptnr V
Bought by
Meyer Uwe and Meyer Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.2%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gary J Sickles And Gwen E Snavely Revocable L $900,000 Richard D Saba Oa
Jmk 522 Llc -- Attorney
Schroeder James W $670,000 --
Polakoff Serge $365,000 --
1193078 Ontario Inc $250,000 --
Meyer Uwe $352,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder James W $536,000
Previous Owner Meyer Uwe $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $900,000 -9.0% $705 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $989,000 +88.4% $775 / Sq Ft
12/15/2020 12/15/20 Sold $525,000 -8.7% $411 / Sq Ft View Prior Sale
11/22/2020 11/22/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $575,000 -4.0% $451 / Sq Ft
06/17/2020 06/17/20 Price Changed $599,000 -7.1% $469 / Sq Ft
02/28/2020 02/28/20 For Sale $645,000 -- $505 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,022 $613,100 -- $613,100
2023 $10,022 $746,100 $0 $746,100
2022 $8,339 $609,500 $0 $609,500
2021 $6,177 $425,600 $0 $425,600
2020 $5,809 $390,400 $0 $390,400
2019 $6,331 $431,100 $0 $431,100
2018 $6,644 $452,100 $0 $452,100
2017 $6,677 $452,100 $0 $452,100
2016 $6,798 $452,100 $0 $452,100
2015 $6,621 $441,700 $0 $441,700
2014 $6,482 $391,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4540091

Stellar MLS

APN: 0004-10-3008